Lately I have been focusing on the breakout strategy and it has worked quite well for me, especially in times of high volatility. The key is to identify consolidation zones and be ready to enter when the price breaks out strongly, whether upwards or downwards. I always set my stop losses clearly defined because not all breakouts are real, some are false and will quickly take you out if you are not prepared. I like to combine this strategy with volume and confirmation candles. Does anyone else trade breakouts? What time frames do you use? #BreakoutTradingStrategy
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